4. Macy’s
While it’s in better shape than many of the chains on this list, Macy’s (NYSE: M) has been closing unprofitable and even marginal locations it does not see improving. It released plans to close 100 stores beginning in August 2016 and had added another 68 to that list as of January 2017.
It’s also worth noting that along with the closures, Macy’s plans to open two new locations of its namesake brand in the current year. The chain also plans to add 30 Bluemercury locations and approximately 30 Macy’s Backstage locations inside Macy’s stores. In 2018 and beyond, the company also has plans to expand its Bloomingdale’s brand on its own and through partnerships.
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